Microsoft Office General Manager, Rachel Bondi, has officially announced the official Office 2010 pricing. The interesting thing to see is the ability to purchase a card with a product key on it, foregoing the physical CD, and saving a nice chunk of change. But beware; if you buy the product key card only, you are limited to installing it on a single computer. If, however, you buy the boxed edition, you are entitled to install the program on two of your PCs.

Here are the prices:

Professional - $499 boxed, $349 for product key

Professional Academic - $99 boxed only

Home and Student - $149 boxed, $119 for product key

Home and Business - $279 boxed, $199 for product key

Office Home and Student will also be available in a 3 license Family Pack, though the price is not listed. The Professional version will include Word 2010, Excel 2010, PowerPoint 2010, OneNote 2010, Outlook 2010, Publisher 2010, Access 2010, and premium technical support. The Home and Student version will contain Word 2010, Excel 2010, PowerPoint 2010, and OneNote 2010. The Home and Business edition will just add Outlook on top of the Home and Student offering, and will be licensed for business use. The Professional Academic version will only be available from campus bookstores and authorized academic resellers. All editions will also come with the Office Web Apps that users have been eagerly awaiting.